Home / Knowledge / News / Apparel/Garments / NRF urges US Govt to address patent threat to retailers
NRF urges US Govt to address patent threat to retailers
09
Apr '14
The National Retail Federation urged Congress to address an increasing threat to retailers: patent trolls.
 
Patent trolls are shadowy entities that purchase overly-broad patents with the sole intent of suing retailers and other end-users of technology that allegedly infringe on those patents.
 
“Trolls’ claims not only affect e-commerce applications and the everyday use of technology, but also the storefront operations of traditional brick and mortar retailers,” NRF Senior Vice President David French said. “Some real world examples cover point of sale and inventory control equipment, including; scanning barcodes, printing receipts, the sale of gift cards, and the connection of a computer or printer to an Ethernet network.”
 
French’s comments came in a statement submitted to the House Energy and Commerce Subcommittee, which is examining patent trolls’ use of intentionally-vague demand letters - the initial letters legitimate businesses receive accusing them of patent infringement. NRF described how patent trolls are abusing the patent and legal systems, hampering technological innovation, crowding the courts, inhibiting job creation, and driving up costs for retailers and consumers alike.
 
“Trolls target retailers because they are more numerous than manufacturers and suppliers, and therefore are more profitable to the trolls,” French said. “Trolls also know that retailers have less technological expertise to defend the allegedly infringing products and operate on thin profit margins and do not have the resources to fight back.”
 
Retailers often settle trolls’ claims rather than challenge them in court due to the fact that the average case takes about 18 months and costs roughly $2 million to adjudicate. In response to the growing patent troll problem, which costs the economy $30 billion a year, NRF supports legislative and regulatory proposals aimed at requiring greater transparency and specificity from the trolls, and stopping the trolls’ abusive and costly behavior before the suit ever reaches a court.
 
French said NRF supports legislative proposals to have the Federal Trade Commission look into patent troll demand letters under its current authority to investigate unfair and deceptive trade practices.
 
NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs – 42 million working Americans. 
 
Contributing $2.5 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF’s This is Retail campaign highlights the industry’s opportunities for life-long careers, how retailers strengthen communities, and the critical role that retail plays in driving innovation. 
 

NRF


Must ReadView All

Courtesy: ONGC Petro Additions Limited

Textiles | On 26th May 2016

Opal’s petrochem project edges closer to commissioning

South Asia’s largest integrated megapetrochemicals complex being set...

Textiles | On 26th May 2016

Bangladesh to export textiles, jute products to Uganda

Bangladesh is set to export textiles and jute products to Uganda with ...

Courtesy: Arvind

Fashion | On 26th May 2016

Arvind’s fashion portal targets 10-15% business

Textile manufacturer Arvind Limited’s e-commerce division Arvind...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

How is the man-made fibre (MMF) industry shaping up? How is Mangalam...

Claudia Kersten
Global Organic Textile Standard

What benefits can MSMEs have from GOTS certification? What is the...

Amrit Sethia
SOIE

What are the emerging trends in the intimatewear category for women in...

Iago Castro Asensio
RCfil Distribuciones S.L.

<b><i>Iago Castro Asensio, International Business Manager of RCfil...

Giorgio Mantovani
Corman S.p.A

<b><i>Giorgio Mantovani, MD of Corman, with a presence in both Milano and...

Paolo Ocleppo
Sandvik Hyperion

<b><i>Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
May 2016

F2F Magazine

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search